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Cubic acquires Gridsmart Technologies to expand its smart traffic portfolio

  Cubic paid nearly $87 million in cash to acquire Gridsmart   U.S company Cubic has announced the acquisition of Gridsmart Technologies for approximately $87 million in cash. Gridsmart’s system tracks vehicle trajectory from approach through the center of the intersection to exit. Based in Knoxville, the company says...

Driverless cars on UK roads in five years, reckons two thirds of business leaders

Driverless cars will be on UK roads within five years. So says two thirds (65 per cent) of senior industry leaders in the UK, working at the crossover of technology and transport. Future transport collective, the Smart Mobility Living Lab: London (SMLL), polled 250 senior...

Cubic strengthens traffic management portfolio through new acquisition

  Cubit acquired Advanced Traffic Solutions for over $235 million   U.S. firm Cubic has entered into an agreement to acquire Advanced Traffic Solutions, which provides intelligent traffic solutions for the transportation industry, for about $235.7 million in a cash transaction. Trafficware provides an integrated suite of software,...